Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps the Government is taking to ensure all unpaid debts to Equitable Life pensioners are settled as quickly as possible.
Since 2010, we have taken more action than any previous government to resolve this issue by allocating up to £1.5bn, tax free, for payment to affected policyholders. There are no plans to allocate any further funds to the Equitable Life Payment Scheme.